Despite a high P/S ratio and falling revenue, optimism about...
Despite a high P/S ratio and falling revenue, optimism about the company's future persists. However, if it doesn't outperform the industry, the stock may be overpriced. High P/S ratio despite poor growth indicates hopes for a business turnaround. If P/S aligns with recent negative growth, shareholders may be disappointed.
More Unpleasant Surprises Could Be In Store For Liuzhou Chemical Industry Co., Ltd.'s (SHSE:600423) Shares After Tumbling 28%
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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